| PROFILE: Full Service Supermarket |
| Status: |
Available |
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| State: |
Massachusetts |
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| Location: |
Massachusetts |
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| County: |
Hampden |
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| City: |
None Given |
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| Primary Category: |
Retail Related |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
125511 |
|
| Seller Or Contact: |
Mike Maak |
|
| Primary Phone: |
508-763-0209 |
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| Alternate Phone: |
None Given |
|
| Email Address: |
See Form Below |
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| Date Ad Started: |
7/19/08 |
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| Date Ad Last Revised: |
7/19/08 |
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|
| Asking Price: |
$2,000,000 |
|
| Down Payment: |
Call/Email |
|
| Annual Revenue: |
$3,778,345 |
|
| Annual Adjusted Net: |
$397,659 |
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| Price Range: |
$1 Million + |
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| Franchise: |
No |
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| Relocatable: |
No |
|
| Home Based: |
No |
|
| Lifestyle: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Cooperation: |
Call |
|
|
DESCRIPTION: Full Service Supermarket, Includes The Real Estate
Asking Price: $2,000,000
Included In The Asking Price:
Furniture, Fixtures And Equipment Valued At $200,000
Real Estate Valued At $900,000
Not Included In The Asking Price:
Inventory Estimated At $160K - $200K
Summary: This 10,850 Square Foot Landmark Supermarket Located In A Prominent Western Mass. City Has A Stellar Reputation For Fresh Produce, High Quality Meats, Competitive Pricing And Friendly Customer Service. The Business Offers A Full Line Of Groceries, Frozen Foods, Fresh Meats, Deli, Dairy, Fresh Baked Breads, Produce, And Many Locally Produced Delicacies And Favorites. The Sales Mix Is Approximately 45% Grocery, 20% Meat, 20% Produce And 15% Deli. The Business Has A Working Management Team In Place And Employs Approximately 30 Employees. The Owners Have Invested In And Implemented Excellent Cost Controls And Profit Analysis Systems That Have Help Them Manage And Fine Tune The Business. The Facility Has Undergone Numerous Upgrades, And Is Well Maintained And In Good Condition.
Sales / Financial: Sales Are Approximately $3.8 Million. Adjusted Cash Flow Is Approximately $400,000. Gross Profit Margins Run Between 25% And 30%.
Facility: The 10,850 SF Building Was Constructed In 1960 On A .572 Acre Parcel, And Has Been Well Maintained And In Excellent Condition. There Is Approximately 160 Feet Of Street Frontage, With Easy Access To And From The Store And Over 20 Parking Spaces. The Supermarket Has Three Walk-In Coolers, One Walk-In Freezer, Five Frozen Food Cases, Three Dairy Cases, And Numerous Grocery Display Cases. The Store Layout Is Comprised Of 8 Main Aisles, A Large Double Sided Produce Section, A Large Meat Department, A Full Scale Deli, And Four Customer Checkout Counters With Conveyor Belts. The 11 Compressors Are Under A Maintenance Contract And In Excellent Condition. The Market Is Equipped With An Adt Alarm System And Surveillance System.
Additional: The Owners Will Facilitate A Timely And Professional Transition. The Owners Are Divesting To Focus On Other Business Ventures Outside Of The Area.
Opportunity: The New Owner Can Increase Sales And Profits By Increasing The Markup And Profit Margins, Adding A Full Scale Bakery, Offering Cigarettes, Adding Lottery, Adding Beer And Wine, Offering Sandwiches And Lines Of Prepared Foods, And Extending The Store Hours.
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